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NASDAQ:ATSG

Air Transport Services Group (ATSG) Stock Price, News & Analysis

$12.85
+0.04 (+0.31%)
(As of 06/12/2024 ET)
Today's Range
$12.80
$13.39
50-Day Range
$12.39
$14.85
52-Week Range
$11.62
$24.96
Volume
388,355 shs
Average Volume
569,669 shs
Market Capitalization
$844.50 million
P/E Ratio
20.40
Dividend Yield
N/A
Price Target
$21.83

Air Transport Services Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
69.9% Upside
$21.83 Price Target
Short Interest
Bearish
7.12% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.94
Upright™ Environmental Score
News Sentiment
0.51mentions of Air Transport Services Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
43.84%
From $0.73 to $1.05 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.77 out of 5 stars

Transportation Sector

41st out of 114 stocks

Air Courier Services Industry

2nd out of 2 stocks

ATSG stock logo

About Air Transport Services Group Stock (NASDAQ:ATSG)

Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing, and air cargo transportation and related services in the United States and internationally. It operates in two segments, Cargo Aircraft Management Inc. (CAM) and ACMI Services. The company offers aircraft, flight crews, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance. It also provides equipment maintenance services; cargo load transfer and package sorting services; crew training services; and airline express operation, line and heavy maintenance, and ground handling services. The company's ground support services include labor and management for cargo load transfer and sorting; design, installation, and maintenance of material handling equipment; leasing and maintenance of ground support equipment; general facilities maintenance; and resells aviation fuel at the air park in Wilmington, Ohio. Further, the company operates cargo and passenger transportation business; resells and brokers aircraft parts; and performs passenger-to-freighter and passenger-to-combi conversions of aircraft. It provides its services to delivery companies, freight forwarders, airlines, air transportation, e-commerce, package delivery, and logistics industries, as well as government customers. As of December 31, 2023, the company's in-service aircraft fleet consisted of 107 owned Boeing aircraft, three Airbus aircraft, and 20 leased aircraft. The company was formerly known as ABX Holdings, Inc. and changed its name to Air Transport Services Group, Inc. Air Transport Services Group, Inc. was founded in 1980 and is headquartered in Wilmington, Ohio.

ATSG Stock Price History

ATSG Stock News Headlines

ATSG Announces Executive Leadership Succession
ATSG Holds Annual Meeting of Stockholders
ATSG Expands Operations in the Amazon Air Network
ATSG Reports First Quarter 2024 Results
ATSG Reports First Quarter 2024 Results
Air Transport Services Group Inc
Air Transport Services Group, Inc. (ATSG)
ABX Air pilots choose cooperation over confrontation
See More Headlines
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Company Calendar

Last Earnings
5/06/2024
Today
6/12/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Air courier services
Sub-Industry
Air Freight & Logistics
Current Symbol
NASDAQ:ATSG
CUSIP
00922R10
Employees
5,095
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$21.83
High Stock Price Target
$30.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+69.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$60.33 million
Pretax Margin
3.41%

Debt

Sales & Book Value

Annual Sales
$2.07 billion
Cash Flow
$7.24 per share
Book Value
$20.97 per share

Miscellaneous

Free Float
63,555,000
Market Cap
$846.47 million
Optionable
Optionable
Beta
0.86

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ATSG Stock Analysis - Frequently Asked Questions

Should I buy or sell Air Transport Services Group stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Transport Services Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ATSG shares.
View ATSG analyst ratings
or view top-rated stocks.

What is Air Transport Services Group's stock price target for 2024?

6 Wall Street research analysts have issued 12-month target prices for Air Transport Services Group's shares. Their ATSG share price targets range from $14.00 to $30.00. On average, they expect the company's share price to reach $21.83 in the next twelve months. This suggests a possible upside of 69.9% from the stock's current price.
View analysts price targets for ATSG
or view top-rated stocks among Wall Street analysts.

How have ATSG shares performed in 2024?

Air Transport Services Group's stock was trading at $17.61 on January 1st, 2024. Since then, ATSG stock has decreased by 27.0% and is now trading at $12.85.
View the best growth stocks for 2024 here
.

When is Air Transport Services Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our ATSG earnings forecast
.

How were Air Transport Services Group's earnings last quarter?

Air Transport Services Group, Inc. (NASDAQ:ATSG) announced its quarterly earnings data on Monday, May, 6th. The transportation company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.03. The transportation company had revenue of $485.50 million for the quarter, compared to the consensus estimate of $479.77 million. Air Transport Services Group had a net margin of 2.37% and a trailing twelve-month return on equity of 6.61%. The firm's revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.36 earnings per share.

What ETFs hold Air Transport Services Group's stock?
What guidance has Air Transport Services Group issued on next quarter's earnings?

Air Transport Services Group issued an update on its FY 2024 earnings guidance on Monday, May, 6th. The company provided earnings per share (EPS) guidance of 0.550-0.800 for the period, compared to the consensus earnings per share estimate of 0.700. The company issued revenue guidance of -.

What other stocks do shareholders of Air Transport Services Group own?
Who are Air Transport Services Group's major shareholders?

Air Transport Services Group's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.00%), U S Global Investors Inc. (3.05%), Anchor Capital Management Company LLC (1.35%), First Eagle Investment Management LLC (0.74%), Kennedy Capital Management LLC (0.72%) and Raymond James & Associates (0.71%). Insiders that own company stock include Amazon Com Inc, David R Soaper, Deborah A Loveless, Edward Joseph Koharik III, Edward Russell Smethwick, James T Pradetto, Jeffrey J Vorholt, John Christopher Teets, Joseph C Hete, Matthew E Fedders, Michael L Berger, Quint O Turner, Randy D Rademacher, Raymond E Johns Jr and Richard Francis Corrado.
View institutional ownership trends
.

How do I buy shares of Air Transport Services Group?

Shares of ATSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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This page (NASDAQ:ATSG) was last updated on 6/12/2024 by MarketBeat.com Staff

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